• Leigh & Orange unveils new designs for Zhejiang World Trade Center

    28 February 2018

    Leigh & Orange (L&O) is pleased to announce its appointment to deliver the new Zhejiang World Trade Center (WTC) in Hangzhou. The original building was first established in 1987, designed as a key venue to facilitate foreign trade, during the early years of the Chinese economic reforms.

    Bearing the concept of a transit oriented development, or TOD, the new design will help re-zone the existing hotel-office-convention clusters, and to inject a new commercial catalyst for the business community.

    Located in heart of the Huanglong financial district, and close to the famous scenic West Lake, the project is primarily an underground redevelopment with a total construction area of 79,250 sqm, including 24,700 sqm of new commercial spaces. The basement retail will be seamlessly connected to the metro forming a public gathering space, a focal point for the surrounding community. Central to the design is the concept of a “retail park”, where retail space will be intertwined with two major circulation experience: an indoor sport-themed arcade and an outdoor park trail. The retail complex will also house two major anchors, a sports-themed concept store and a major flagship bookstore.

    Kelvin Li, L&O’s Project Director said: “L&O is honoured to be working on what is a very prominent scheme which will help shape the future of Hangzhou’s Huanglong district. With the upcoming 2022 Asian Games in Hangzhou, we hope to work hand-in-hand with Hangzhou Metro to transform this into a world class mixed-used facility. ”

    Construction will begin in April 2018 and is expected to complete in 2021.

     

     

     

    More Industry News
    Hong Kong Government invites trio to tender for Kai Tak Sports Park
    Three prequalified tenderers were invited by the Home Affairs Bureau (HAB) on December 29, 2017, to make tender submissions for the contract for the design, construction and operation of the Kai Tak Sports Park. Alastair Graham, KPMG, Programme Director, said: The release of the tender documentation is the result of the collaboration between the Home Affairs Bureau and their [...]
    IOC names Worldwide TOP Partner Dow as Official Carbon Partner
    New global carbon mitigation collaboration will compensate the carbon emissions of the IOC. Initiative is in line with Olympic Agenda 2020 and an important element of the IOC’s Sustainable Strategy.   The International Olympic Committee (IOC) and The Dow Chemical Company, a Worldwide Olympic Partner, today announced that Dow has become the Official Carbon Partner of the [...]
    Commercial property investment volume reaches record high in Greater China
    (22 February 2018, Hong Kong) Investment volume reached record high in 2017 totalling RMB273 billion, a 30% jump from 2016; Foreign property investment into Mainland China increased 84% y-o-y in 2017 by consideration, accounting for 20% of total investment and up from a 14% share in 2016, according to the latest Greater China Capital Markets Express report released by Cushman & [...]
    Greater China market outlook 2018
    Major Real Estate Trends in Greater China   RAPID EXPANSION OF CO-WORKING SECTOR The expansion of co-working space in Greater China is expected to continue rapid expansion in 2018. Hong Kong, particularly Kowloon and the New Territories, which still lack co-working space, along with gateway cities in China including Beijing and Shanghai, are expected to see stronger growth. Major tier II [...]
    One Taikoo Place Tops Out with Over Half of Office Space Pre-leased
    (1 February 2018, Hong Kong) Swire Properties today celebrated the topping out of its newest triple Grade-A office tower, One Taikoo Place. Set to become a new landmark on Hong Kong Island, One Taikoo Place is a core component of Swire Properties’ HK$15 billion Taikoo Place redevelopment project, which will see the developer further transform Taikoo Place into a major commercial hub in [...]
    Continuing cooling measures to suppress housing price growth in Greater China
    (26 January 2018, Hong Kong) Knight Frank today releases the third quarter (Q4) 2017 Greater China Property Market Report which looks at the Grade-A office, luxury residential and prime retail property markets in Beijing, Shanghai, Guangzhou, Hong Kong and Taipei. (中文简体版请按此) Grade-A office rents in Shanghai are expected to rebound in 2018, while rents in Guangzhou will face [...]
    Dow and USGBC Work Together to Support Sustainable Cities and Promote Energy Efficiency
    Dow and the U.S. Green Building Council collaborate on solutions that contribute to safer, healthier environment, delivering on the commitment to a sustainable, prosperous future. (January 17, 2018) – Dow Building Solutions, a global business unit of DowDuPont Specialty Products division, today introduced a collaboration with the U.S. Green Building Council (USGBC) to deliver solutions [...]
    Swire Properties Issues First Green Bond to Fund Green Projects
    (4 January 2018, Hong Kong) Swire Properties is pleased to announce that it has successfully priced its first green bond, raising US$500 million at a coupon rate of 3.5%, due 2028. A substantial portion of the bond was placed with institutional investors that have a strong commitment to green bond investment or broader sustainable financing initiatives. The issuance of the 10-year green bond [...]
    The Chief Secretary for Administration Officiated at the Grand Opening for Bi-City Biennale of Urbanism\Architecture
    (12 December 2017, Hong Kong) Organized by The Hong Kong Institute of Architects Biennale Foundation, in conjunction with The Hong Kong Institute of Architects (HKIA), Hong Kong Institute of Planners and Hong Kong Designers Association, and with Create Hong Kong (CreateHK) of the Government of the Hong Kong Special Administrative Region (HKSAR Government) as the lead sponsor, the 2017 Bi-City [...]